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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Douglas V. Fant who wrote (2806)1/11/1999 4:10:00 PM
From: AJ Berger  Read Replies (1) of 5102
 
Only Daytraders should Risk Shorting DBCC

you're right, it can easially run away
from you. certainly no one should stay
short overnight. that's why the stock
always runs up at the close, it's almost
all short covering daytraders like me.

DBCC really does not deserve to be above
30, and only the momentum is lifting it
at this point. this price won't attract
new longs, just shorts who's covering
turnover artificially props up the price.

Frankly, I'd love to see DBCC keep running
as my Uncle's holding a truckload of it,
but if I catch a short downdraft just right
it might prove very rewarding, we'll see.
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